Topics

New Rules, Proposed Rules and Guidance

• SEC Reopens Comment Period on Proposed Target Date Retirement Fund Marketing Rules
• Division of Investment Management Issues Guidance Regarding Fund Deregistrations
• Division of Investment Management Issues Guidance Regarding the Testimonial Rule and Social Media

Other News

• CFTC Staff Announces Expedited No-Action Relief for CPO Delegation
• OCIE Issues Cybersecurity Risk Alert
• SEC Staff Member Discusses Planned Sweep Examination of Alternative Funds

Litigation and Enforcement Actions

• SEC Charges Investment Advisory Firm and its President for Fraudulently Hiding Account Shortfall
• SEC Charges Investment Adviser for Undisclosed Revenue Sharing Agreements
• SEC Settles Charges Against Investment Adviser for Improperly Calculating Advisory Fees and Overcharging Clients
• U.S. Supreme Court Extends Sarbanes-Oxley Whistleblower Protection

To read the Regulatory Update, click the link below.